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as they look at greece, but also they're watching the problems in italy. the news that mariom onti -- monti will step down. that's really dragging down the mood. >> let's look at some market numbers. dax closing up. stoxx 50 at 2624. the dow jones is currently up almost 1%. the euro is trading at $1.3007. >> agrees has reached their target in a bond buyback scheme, at least they are calling to the state tv. >> they bought the bonds at a discount of 70% from investors and the private banks. this was a condition for them to receive further eu funds. finance ministers are set to meet to discuss releasing the bailout funds. british banking giant hsbc has agreed to pay a record $1.9 billion to settle a money- laundering case. investigated by authorities in the united states. >> hsbc was accused of using the u.s. financial system to transfer funds from mexican drug cartels and from countries like iran that had been placed under international sanctions. >> the u.s. government says hsbc invaded these practices. they've have been said to enabled terrorists and othe
as they look at greece, but also they're watching the problems in italy. the news that mariom onti -- monti will step down. that's really dragging down the mood. >> let's look at some market numbers. dax closing up. stoxx 50 at 2624. the dow jones is currently up almost 1%. the euro is trading at $1.3007. >> agrees has reached their target in a bond buyback scheme, at least they are calling to the state tv. >> they bought the bonds at a discount of 70% from investors and the...
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Dec 21, 2012
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the south stream pipeline is meant to carry russian gas through bulgaria to austria and italy, but the u.s. and russia are arguing over the rules to be applied to the new pipeline. >> it is true that some difference remained regarding some aspects of energy relations between europe and russia. >> european demands for russia to separate gas companies and distribution channels have so far had no effect. and the russian leader was not prepared to take the criticism lying down. >> my good friend explained his position at such great length and with such a motion because he has a feeling he is in the wrong. >> the ongoing disputes about energy and trade are taking their toll on the you-russian relations. >> italy's prime minister has resigned. this move paves the way for elections to be held as early as february. mario monti has promised to hand in his resignation -- or had promised to hand in his resignation as soon as parliament passed a 2013 budget, which he led his -- kept his promise. he led a government of technocrats for the past year. europeans had held his economic reforms, but vote
the south stream pipeline is meant to carry russian gas through bulgaria to austria and italy, but the u.s. and russia are arguing over the rules to be applied to the new pipeline. >> it is true that some difference remained regarding some aspects of energy relations between europe and russia. >> european demands for russia to separate gas companies and distribution channels have so far had no effect. and the russian leader was not prepared to take the criticism lying down. >>...
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you get this in italy you get this in germany you just can't change them for education for whatever they will say the same the problem is you have a few thousand teenagers who go into the matches and they don't know what they're doing so they copy what these. races fans are doing and what the club needs to do is try to educate these teenagers. the clubs the russian premier league the russian football union they need to get special players involved because teenagers will look up to these players and try and get. campaigns going. and it will bring you more world news in about forty minutes time up next after a very short break as i did not sit and breaking the set. the sun rises over what seems like and most forest here in the new directions quite hundred kilometers north of light of all stop as much of the world it's disappearing at a catastrophic rate. markers both illegal and those finding ways to outsmart the system for filing down the forests of the region for them profit goes well beyond the future of our planet and the result could be an ecological crisis the world wildlife fund for
you get this in italy you get this in germany you just can't change them for education for whatever they will say the same the problem is you have a few thousand teenagers who go into the matches and they don't know what they're doing so they copy what these. races fans are doing and what the club needs to do is try to educate these teenagers. the clubs the russian premier league the russian football union they need to get special players involved because teenagers will look up to these players...
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you get this in italy you get this in germany you just can't change them for education for whatever they will say the same the problem is you have a few thousand teenagers who go on to the matches and they don't know what they're doing so they copy what these. races fans are doing and what the club needs to do is try to educate the teenagers. the clubs the russian premier league the russian football union they need to get special players involved because it will look up to these players and trying it's and the racism campaign is going. next after a short break marks and stacy expose the secrets of the global financial industry. the legacy no one should be proud keeps of scrap metal littering pristine arctic landscape building stilton over their foundation pipes spilling black smoke over the snow covered peaks the traces of the soviet industrial activity on the bergen archipelago don't make a pretty picture if the guiding principle here is the worse the better local life to tell the story about back in soviet times when no regions were visiting barons were they all want to express amazeme
you get this in italy you get this in germany you just can't change them for education for whatever they will say the same the problem is you have a few thousand teenagers who go on to the matches and they don't know what they're doing so they copy what these. races fans are doing and what the club needs to do is try to educate the teenagers. the clubs the russian premier league the russian football union they need to get special players involved because it will look up to these players and...
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Dec 15, 2012
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buyers in italy, spain, and france proved especially wary. only britain bucked the trend with a rise in new car sales. a decade it has been since the inclusion of the german media empire. the state appellate court in munich today ruled that deutsche bank must pay damages to the heirs of the deceased mogul. >> the court ruled that the former ceo of deutsche bank, seen here, was responsible for the collapse of the world's largest licenser of film rights. in an interview, this credit worthiness was question, driving the conglomerate into bankruptcy. damages are expected to range anywhere from 120 million euros to 1.25 billion euros. it was also a big topic at the frankfurt stock exchangr markets this report from the trading floor. >> for the deutsche bank, this verdict is more than just a verdict because it weighs heavily on the image of germany's biggest bank. also because of the fact that the trial is not the only one that the deutsche bank is faced with, and some analysts are fearing now that investors might lose their confidence in dutch ban
buyers in italy, spain, and france proved especially wary. only britain bucked the trend with a rise in new car sales. a decade it has been since the inclusion of the german media empire. the state appellate court in munich today ruled that deutsche bank must pay damages to the heirs of the deceased mogul. >> the court ruled that the former ceo of deutsche bank, seen here, was responsible for the collapse of the world's largest licenser of film rights. in an interview, this credit...
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you get this in italy you get this in germany you just can't change them for education for whatever they will say the same the problem is you have a few thousand teenagers who go on to the matches and they don't know what they're doing so they copy what these. races fans are doing and what the club needs to do is try to educate the teenagers of the clubs. the russian premier league the russian football union they need to get special players involved because teenagers will look up to these players and trying it's and the racism campaigns going in respect of a two thousand and eighteen world cup i think this is a massive opportunity for russia to try and tackle the point of racism because we're going to have a lot of people coming into the country. and there are a few minutes we'll take you on a tour of sochi as the blank see results a surprise for the twenty fourth winter olympic games stay with us for that. is. the ball. did you. did it. since childhood the murder has always stood out from his peers he hates losing and has never missed a single training session he came first in everythin
you get this in italy you get this in germany you just can't change them for education for whatever they will say the same the problem is you have a few thousand teenagers who go on to the matches and they don't know what they're doing so they copy what these. races fans are doing and what the club needs to do is try to educate the teenagers of the clubs. the russian premier league the russian football union they need to get special players involved because teenagers will look up to these...
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Dec 1, 2012
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things are not quite that grim in italy, but more and more young people are looking for work. the youth unemployment rate is 36%, the highest since june 2004. >> we have to take a short break, but when we back, december 1 is world aids day. we will be taking a look at the problem of hiv/aids. >> and what is germany going to do with all its nuclear waste? stay with us for that. >> thanks for staying with us. >> welcome back. one of the consequences of the breakdown of public services in the wake of the economic crisis in greece is a sharp spike up people they're infected with aids. >> on the eve of world aids day, officials are warning infection rate could get out of control unless action is taken. >> but as a new report just issued by the united nations shows, there is encouraging news. there's been a large reduction in the amount of new cases in southern africa. >> education campaigns and easier access to medicines have paid off in the battle against hiv. the number of people newly infected with the virus has dropped by 70% in malawi, botswana, and namibia in the past decade.
things are not quite that grim in italy, but more and more young people are looking for work. the youth unemployment rate is 36%, the highest since june 2004. >> we have to take a short break, but when we back, december 1 is world aids day. we will be taking a look at the problem of hiv/aids. >> and what is germany going to do with all its nuclear waste? stay with us for that. >> thanks for staying with us. >> welcome back. one of the consequences of the breakdown of...
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politicians have already started the finger pointing of just curious to blame silvio berlusconi in italy saying little he's going to run against to be the leader of the country and he's pointed a finger squarely towards germany where i am right now saying that it's up to berlin to recognize the european central bank as a real central bank in his words otherwise swell countries like italy are going to have to pull out of the euro zone in fact well there are those here in germany that would say that it's all germany that has to pull out of the year is this going on as we look towards twenty thirteen and that difficult task of trying to solve the eurozone and the european union's crippling financial problems. there's financial troubles that have increased the calls from spain's wealthiest region catalonia to break away from central government madrid however has stressed it has the legal power to stop it from even holding a referendum on independence the warning came hours before the region's pro separatist parliamentary majority has signed an agreement calling for a public vote on this self
politicians have already started the finger pointing of just curious to blame silvio berlusconi in italy saying little he's going to run against to be the leader of the country and he's pointed a finger squarely towards germany where i am right now saying that it's up to berlin to recognize the european central bank as a real central bank in his words otherwise swell countries like italy are going to have to pull out of the euro zone in fact well there are those here in germany that would say...
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the politicians have already started the finger pointing of just who is to blame silvio berlusconi in italy saying little he's going to run again to be the leader of the country and he's pointed a finger squarely towards germany where i am right now saying that it's up to berlin to recognize the european central bank as a real central bank in his words otherwise swell countries like italy are going to have to pull out of the euro zone in fact well there are those here in germany that would say that it's well germany that has to pull out of the year or so of this going on as we look towards twenty thirteen and that difficult task of trying to solve the eurozone and the european union's crippling financial problems. well a few minutes time we'll take you want to tour of sochi as the black sea resort city prepares for the twenty fourteen winter olympic games to stay with us. to least be told language to. close those programs and documentaries in arabic it's all here on the t.v. reporting from the world's hot spots the v.o.i.p. interviews intriguing story for use. in trying. to find out more vi
the politicians have already started the finger pointing of just who is to blame silvio berlusconi in italy saying little he's going to run again to be the leader of the country and he's pointed a finger squarely towards germany where i am right now saying that it's up to berlin to recognize the european central bank as a real central bank in his words otherwise swell countries like italy are going to have to pull out of the euro zone in fact well there are those here in germany that would say...
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you get this in italy you get this in germany you just can't change them for education for whatever they will say the same the problem is you have a few thousand teenagers who go on to the matches and they don't know what they're doing so they copy what these. races fans are doing and what the club needs to do is try to educate bees teenagers. the clubs the russian premier league the russian football union they need to get special players involved because teenagers will look up to these players and try and get its and the racism campaigns going. in the latest cruise blasted off from the baikonur cosmodrome in kazakhstan a russian flight engineers among the three members on board the i assess team gearing up for a busy five months in space now ahead of them they are set to carry out more than one hundred scientific experiments and go for a couple of space walks to will be well tom was there to witness the takeoff. here at a bitterly cold baikonur cosmodrome in kazakhstan we're counting down to the launch of the soyuz rocket which will take three men on their student to the international s
you get this in italy you get this in germany you just can't change them for education for whatever they will say the same the problem is you have a few thousand teenagers who go on to the matches and they don't know what they're doing so they copy what these. races fans are doing and what the club needs to do is try to educate bees teenagers. the clubs the russian premier league the russian football union they need to get special players involved because teenagers will look up to these players...
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Dec 2, 2012
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northern italy recent having ineffective bailout of neighbors. there's an irony. if you apply that across the continent, the eurozone itself would fall apart, perhaps starting with the departure of germany. by the way, if we applied that logic in america, states like new york, california, connecticut could point out they in effect subsidize states like alabama, mississippi, montana, states ironically the most fervent advocates of state rights and small government. >>> up next, we'll take you into the heart of darkness, one of africa's most troubled nations has taken a turn for the worse. back in a moment. who do you think i am, quicken loans? at quicken loans, we'll provide you with myql mobile. this amazingly useful app allows you to take pictures of your mortgage documents using an iphone or android smart phone... so you can easily send them to us. one more way quicken loans is engineered to amaze. ooh, la-la! one more way quicken loans is engineered to amaze. music is a universal language. but when i was in an accident... i was worried the health care system sp
northern italy recent having ineffective bailout of neighbors. there's an irony. if you apply that across the continent, the eurozone itself would fall apart, perhaps starting with the departure of germany. by the way, if we applied that logic in america, states like new york, california, connecticut could point out they in effect subsidize states like alabama, mississippi, montana, states ironically the most fervent advocates of state rights and small government. >>> up next, we'll...
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Dec 7, 2012
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it is being routed from the black sea to italy and bypasses the current transit country, ukraine. moscow has argued with kiev over fees and gas prices for years. a feud that has often cut off gas supplies to western europe. >> south stream could soon make ukraine much more willing to compromise. kiev could even agree to some form of russian involvement in its pipeline system and its modernization. >> the launch of south stream gives it a head start. and this is supposed to reduce the you's dependence on russia and the dying gasp from central asia. in contrast, south stream is due to start delivering gas in 2015. >> voting is drawing to a close in presidential elections in ghana. the poles expected to test the country's reputation as a beacon of stability and democracy in africa. >> the election will reveal how popular the incumbent is after he took over from the late president who died in july. opinion polls predict a tight race. the winner will oversee the current oil boom, one of africa's fastest-growing economies. soccer fans are no doubt eagerly awaiting the next european foot
it is being routed from the black sea to italy and bypasses the current transit country, ukraine. moscow has argued with kiev over fees and gas prices for years. a feud that has often cut off gas supplies to western europe. >> south stream could soon make ukraine much more willing to compromise. kiev could even agree to some form of russian involvement in its pipeline system and its modernization. >> the launch of south stream gives it a head start. and this is supposed to reduce...
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frigid air is descending from the north, and we'll see a lot of snowfall even quite far south into italy and the northern balkans. i want to show you some video coming out of ukraine. now, this is in kiev, the capital. this is the first snow of the winter. now, last friday's temperatures were the warmest seasonably that they have been for the last hundred years. many people found themselves quite unprepared for the sudden change in the weather. commuters in the region found themselves inconvenienced as the snow led to a lot of congestion on the roads in the downtown area. road crews were scrambling out, trying to get the mess cleaned up, put away all of that snow to get people back to their daily routines. now, the remainder of cold air is expected to stay in place, meaning more snowfall is on the cards. we'll show you some of the figures we've been looking at in terms of the high temperatures for wednesday. take a look at these. zero in stockholm, just 1 degree in berlin. we're around the freezing point in warsaw, as well weather minus 3, and moscow getting to minus 5, and kiev as we we
frigid air is descending from the north, and we'll see a lot of snowfall even quite far south into italy and the northern balkans. i want to show you some video coming out of ukraine. now, this is in kiev, the capital. this is the first snow of the winter. now, last friday's temperatures were the warmest seasonably that they have been for the last hundred years. many people found themselves quite unprepared for the sudden change in the weather. commuters in the region found themselves...
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what it feels mean for spain is that they join the likes of portugal italy along with greece as countries who are entering this festive period probably full of the joys of christmas regarding their finances responder's people who showed in the recent past that they are very much upset with the current situation in their country in the fact that the government's asking for money in order to bail out the banks well that's hardly going to put them in good stead with the spanish people who have already been to the theory against the way that the government is handling the situation. recent surveys show eighty five percent of spain hands have little or no faith in their prime minister with his government cutting benefits and freezing pensions that's politician to one man believes madrid it should allow for economic development instead of austerity and saving the banks. there is a fundamental flaw within the banking system which is that the government has basically taken over the banks they created the banking cartel they created the central bank they allow banks to print money that is not cove
what it feels mean for spain is that they join the likes of portugal italy along with greece as countries who are entering this festive period probably full of the joys of christmas regarding their finances responder's people who showed in the recent past that they are very much upset with the current situation in their country in the fact that the government's asking for money in order to bail out the banks well that's hardly going to put them in good stead with the spanish people who have...
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of their monthly meeting and what it does mean for spain is that they join the likes of portugal and italy along with greece as countries who are entering this festive period hardly full of the joys of christmas regarding their finances the spanish people as showed in the recent past that they are very much obsessed with the current situation in the country and the fact that the government's asking for money in order to bail out the banks that's hardly going to put them in good stead with the spanish people already. here really against the way that the government is handling the situation. just a financial consultant pleased to spaniards any good though. back in june. the spanish government had requested an independent audit on their banking system. and. came up with a number sixty two billion euros that that was needed. and many at the time thought that that was again quite a conservative number maps expecting the economy to do you have any since then of course situation has deteriorated in spain unemployment has risen especially youth unemployment. figures. the banking system will need t
of their monthly meeting and what it does mean for spain is that they join the likes of portugal and italy along with greece as countries who are entering this festive period hardly full of the joys of christmas regarding their finances the spanish people as showed in the recent past that they are very much obsessed with the current situation in the country and the fact that the government's asking for money in order to bail out the banks that's hardly going to put them in good stead with the...
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you get this in italy you get this in germany you just can't change them. for education for whatever they will say the same the problem is you have a few thousand teenagers who go on to the matches and they don't know what they're doing so they copy what these hardcore races fans are doing and what the club needs to do is try to educate these teenagers. the clubs the russian premier league the russian football union they need to get special players involved because species will look up to these players and trying to it's and the racism campaign is going. to flee their offspring to us from our sports team it's coming out so it's just in fact exactly twenty five minutes past ten o'clock at night moscow time thanks for being with us this wednesday night after the break just a couple of minutes time natasha is here with the business. wealthy british style. that's not on the title. market why not come to. find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into cars a report o
you get this in italy you get this in germany you just can't change them. for education for whatever they will say the same the problem is you have a few thousand teenagers who go on to the matches and they don't know what they're doing so they copy what these hardcore races fans are doing and what the club needs to do is try to educate these teenagers. the clubs the russian premier league the russian football union they need to get special players involved because species will look up to these...
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prosecutors in italy demanding now a one year prison sentence for former prime minister silvio berlusconi the charges relate to his alleged role in revealing transcripts of private conversations with a newspaper owned by. two thousand and five discussion between a leading italian politician and financial company president was apparently illegally scotti denies those charges it was moyers of course want to run in the verdict it would be a reason lectures in which the seventy six year old is running for prime minister once again. the un security council is demanding that israel holds its settlement plans in the occupied west bank in east jerusalem immediately the move to build housing in palestinian lands is seen as illegal under international law israeli media however are reporting now that more than three thousand extra homes have been approved in addition to the several thousand given the go ahead earlier this month paula slayer's the latest. israeli officials say that they're pressing on with plans to build six thousand new homes this defies criticism from western powers who fear that t
prosecutors in italy demanding now a one year prison sentence for former prime minister silvio berlusconi the charges relate to his alleged role in revealing transcripts of private conversations with a newspaper owned by. two thousand and five discussion between a leading italian politician and financial company president was apparently illegally scotti denies those charges it was moyers of course want to run in the verdict it would be a reason lectures in which the seventy six year old is...
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Dec 10, 2012
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italy has pushed through important reforms in the past year, he said. markets have honored this so far. however, they have acted with concern to the recent developments at the end of last week. u.s. ratings agency standard and poor's also expressed doubts about whether italy passed next government would remain committed to the next reforms -- italy's's next government would remain committed to the end -- italy's next government would remain committed to the reforms. >> our correspondents and does this report from the frankfurt stock exchange -- our correspondent sent us this report from the frankfurt stock exchange. >> traders have been disappointed. they have to wait another day until they get to know the outcome of the greek program. uncertainty always drags down shares, not only of traders -- if traders and investors look at greece today are watching the problems in italy. the news that mario monti will step down really dragged down the mood. >> let's take a quick look at some market numbers. the dax closed just a tad out at 7530. the euro stoxx 50 e
italy has pushed through important reforms in the past year, he said. markets have honored this so far. however, they have acted with concern to the recent developments at the end of last week. u.s. ratings agency standard and poor's also expressed doubts about whether italy passed next government would remain committed to the next reforms -- italy's's next government would remain committed to the end -- italy's next government would remain committed to the reforms. >> our correspondents...
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Dec 12, 2012
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but in response or and italy , their city council convenes. and even in the forces it was much more dangerous. >> it is these sectarian fragmentation is syria. also the hidden story read don't hear about. the regional fragmentation, the syrians of the same religion but to from the urban center. are the council's working to bring in a more difference group of people? is it a possible strategy? >> to have part of the village tour the region, in areas that weren't maturity muslim come with the majority of people are but in areas most of the people the question calls the shots for the community. it depends on the demographics per barrel and her in the control for conveyor the winery they have from language, coulter, a tradition. is not the arabs but to say but more thing, in terms of the countryside, while% however that each. >> soap repo are organizing themselves. >> it been vice the edge sell it is not bought them i would not say he only be a part in fewer pay crush june but but and i love the various. >> but for them to elect the increasing or
but in response or and italy , their city council convenes. and even in the forces it was much more dangerous. >> it is these sectarian fragmentation is syria. also the hidden story read don't hear about. the regional fragmentation, the syrians of the same religion but to from the urban center. are the council's working to bring in a more difference group of people? is it a possible strategy? >> to have part of the village tour the region, in areas that weren't maturity muslim come...
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germany which have some of the best standard of living anywhere in the world you have northeastern italy for instance which has a tradition of small and two premierships you go to a small. construction area. making clothes in gucci style in florence or making food in bali and export all over the world but it is they've been doing that for a thousand years or so and then you compare it to rome maples in southern italy it's a total disgrace day themselves and say that they live in africa and in fact so this is the problem is the inequality inside the western capitalist system and this inequality is being reproduced by the chinese most of the time i am between those americas north and south europe and china whenever i travel inside china i see the same mistakes they are committing that the west has been committing for the past twenty years and it's basically to apply new liberalism to china alexander you clarkie disagree go ahead yeah of course i disagree the problem is not inequality in and of itself the problem is the degree of inequality and i have driven around the southwestern united s
germany which have some of the best standard of living anywhere in the world you have northeastern italy for instance which has a tradition of small and two premierships you go to a small. construction area. making clothes in gucci style in florence or making food in bali and export all over the world but it is they've been doing that for a thousand years or so and then you compare it to rome maples in southern italy it's a total disgrace day themselves and say that they live in africa and in...
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Dec 11, 2012
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italy has the wealth, italy has the industrialization, it has the export. italy really could make a go of it. we didn't see any productivity in the last decade. it should have made italy stronger. i personally am much more concerned about france and spain than i am about italy. >> we'll talk about those. >> let me add asking. if italy is in this situation now, it relied on the easy way out. and politicians, including berlusconi, didn't have the foresight to see that. >> thank you so much for coming by. >>> staying at the eurozone, investors will be watching for anything coming from the italian crisis. the results of the spanish bond actions are due around 12:40 cst. hsbc was hit with a $1.9 billion fine. the ceo said we accept responsibility for our mistakes and are profoundly sorry for them. >> a full year loft loss of 4.7 billion euros, thinksen krup has more details. >> they are starting to look at the positive of what i would call a -- strategy, i.e., a clean sweep when it comes to the business strategy of thyssenkrupp as well as the instruct occur and
italy has the wealth, italy has the industrialization, it has the export. italy really could make a go of it. we didn't see any productivity in the last decade. it should have made italy stronger. i personally am much more concerned about france and spain than i am about italy. >> we'll talk about those. >> let me add asking. if italy is in this situation now, it relied on the easy way out. and politicians, including berlusconi, didn't have the foresight to see that. >> thank...
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Dec 10, 2012
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no rest for italy. banking stocks lead the ftse mib lower as political uncertainty speaks investors. economic malaise in europe, japan and the u.s. all taking its toll. and obama and boehner meet face-to-face as the clock ticks towards the fiscal cliff. >>> china's growth has recently improved. may well be on track to surpass beijing's 7.5% gdp target for the year. but november's softer than expected trade data highlights the vulnerability to riskes from abroad. joining us more now is eunice eune. how likely is it that we see china hit or surpass these growth targets given the figures showed us? >> well, people are growing concerned about just that. the trade data really highlighted a lot of the problems going forward in terms of the global demand for chinese-made goods. people were really surprised about the export data which came in at 279% growth. everybody had expected to see 9% growth which would already have been a slowdown. they were also quite surprised by the import number, which came in at zer
no rest for italy. banking stocks lead the ftse mib lower as political uncertainty speaks investors. economic malaise in europe, japan and the u.s. all taking its toll. and obama and boehner meet face-to-face as the clock ticks towards the fiscal cliff. >>> china's growth has recently improved. may well be on track to surpass beijing's 7.5% gdp target for the year. but november's softer than expected trade data highlights the vulnerability to riskes from abroad. joining us more now is...
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but of course pepe is right spain is in crisis yes southern italy has been in crisis for decades yes does that mean the entire west the western social model is in decline no i fundamentally disagree we have managed to create a degree of inequality in our societies that maintains the dynamism people want to move up and they have the opportunity to move up i believe that in parts of the united states the degree of inequality is at a level that would never be acceptable in europe but in europe our inequality that we have here maintains the dynamism and actually social mobility in western europe these days is higher than it is in the united states or in other societies for that matter ok pepe what about the welfare state cannot survive all this yes in scandinavia exactly it's it does survive in scandinavia it's not going to survive in the club med countries and if you compare their social services to the countries in the north sea is the legs behind them france which is more or less the middle term between the mad in the scandinavians you know will survive but how they're going to pay it
but of course pepe is right spain is in crisis yes southern italy has been in crisis for decades yes does that mean the entire west the western social model is in decline no i fundamentally disagree we have managed to create a degree of inequality in our societies that maintains the dynamism people want to move up and they have the opportunity to move up i believe that in parts of the united states the degree of inequality is at a level that would never be acceptable in europe but in europe our...
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in fact when we have this what's happening in greece spain parts of italy but. portugal when they sing hits the norse in european countries any it will inevitably maybe not german maybe not germany because germany has a very sound economy they have their export mall though they are doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with exceptional about germany and scandinavia is not then we going to have sort of the. wall street movement inside western europe as well and this is going to happen within the next few years because the model itself is unsustainable i'm going to jump in here we're going to go to a short break and after that short break we'll continue our discussion on the west stay with our. experience before series with the. nation. day. to make. him the flying. speak your language. they will not advance. news programs and documentaries and spanish what matters to you breaking news a little tonnage of angola's kidneys stories. you hear. that all teach spanish find out more visit eye
in fact when we have this what's happening in greece spain parts of italy but. portugal when they sing hits the norse in european countries any it will inevitably maybe not german maybe not germany because germany has a very sound economy they have their export mall though they are doing a strategic alliances with russia in terms of oil and gas as well they are sustainable but the rest of europe with exceptional about germany and scandinavia is not then we going to have sort of the. wall street...
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Dec 5, 2012
12/12
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april 14, 1969, the same day that he was injured, in the hills of italy, 24 years ago, bob dole has been a leader on behalf of people with disabilities. bills like the rehabilitation act of 1973 and the individuals with disabilities education act, the developmental disabilities act and the americans with disabilities act. he was responsible for including people with disabilities in the telecommunications act of 1996. ensuring that people with disabilities are part of the state department's annual report on human rights around the world. after leaving the chamber, bob dole worked on incentives act of 1999, breakthrough legislation on health care and employment for people with disabilities. this past year, he has been instrumental in working with the administration and congress to ensure bipartisan support in convention on the rights of persons with disabilities to reflect american leadership and values in safeguarding the rights of every individual in the world. >> senator? >> mr. president, i ask for an additional three minutes be added onto the time of the vote. >> without objection. >>
april 14, 1969, the same day that he was injured, in the hills of italy, 24 years ago, bob dole has been a leader on behalf of people with disabilities. bills like the rehabilitation act of 1973 and the individuals with disabilities education act, the developmental disabilities act and the americans with disabilities act. he was responsible for including people with disabilities in the telecommunications act of 1996. ensuring that people with disabilities are part of the state department's...
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Dec 20, 2012
12/12
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FOXNEWSW
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but he is appealing that conviction and says he is considering running again for prime minister of italy. the syrian regime can and will deploy chemical weapons on its own people unless other nations step in. that's the word now from a former syrian general who now leads the rebels. plus, investigators say this beauty queen died after a shootout in mexico and they have now linked one gun at the scene to the failed operation fast and furious. plus, the latest winter storm could throw a huge wrench into travel plans across several states. we'll tell you where it is headed and how much it's about to dump as we approach the bottom of the hour and the top of the news as fox reports live tonight. and 320 calories. marie callender's. it's time to savor. what starts with adding a friend... ♪ ...could end with adding a close friend. the lexus december to remember sales event is on. this is the pursuit of perfection. the lexus december to remember sales event is on. hey, yo, check out this chef, right? right? that's so gay. that's really gay. dude, look at those pants. please don't say that. wha
but he is appealing that conviction and says he is considering running again for prime minister of italy. the syrian regime can and will deploy chemical weapons on its own people unless other nations step in. that's the word now from a former syrian general who now leads the rebels. plus, investigators say this beauty queen died after a shootout in mexico and they have now linked one gun at the scene to the failed operation fast and furious. plus, the latest winter storm could throw a huge...
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Dec 28, 2012
12/12
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especially in the case of italy. the country is fulfilling conditions of the ecb if it ever got into needed. it made the fiscal adjustment that was needed. if the country exits recession which we expect to happen next year and the growth at a potential growth rate of say 1 mers, 1.5%, with inflation under control, with interest rates back to levels which were normal for italy before the financial crisis, then all these adjustments altogether show that italy can go back on to a sustainable growth path and -- >> is that with or without berlusconi involved? because end of february are these elections. >> yes. the elections are, of course, more the campaign heading into the elections with all these noises, especially the end ecb noises that we hear from italy. that's going to cause concern that if italy does need help, how likely are they going to be to get it? in the years from 1993 to 2007 italy brought down its debt to gdp ratio to almost 100% and half of that time berlusconi is prime minister. it's not like berluscon
especially in the case of italy. the country is fulfilling conditions of the ecb if it ever got into needed. it made the fiscal adjustment that was needed. if the country exits recession which we expect to happen next year and the growth at a potential growth rate of say 1 mers, 1.5%, with inflation under control, with interest rates back to levels which were normal for italy before the financial crisis, then all these adjustments altogether show that italy can go back on to a sustainable...
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for this national debt in the last decade has skyrocketed most humiliating of all for greece portugal italy and spain the future only gets worse is how spain's buying slowed to one trillion on the tykes failed private lenders gambled and built three million houses people called to forward one of them thank you no runs off as it was of the national economy claiming that too big to fail government is nationalize them turning a plain crap bank into a bankrupt nation. the worst kept secret on the markets is no one will touch the euro while four of its members at least are on the brink. hardly anyone actually train zeroes any more random walk of the drunken offspring of a failing marriage. bookmakers don't give greece a sporting chance they've stopped accepting bets on the country's euro exit it's all turning people not just off the road but of the european union itself. britain's anti e.u. party just beat the ruling tories to gain record support in elections checkmate the free citizens was founded by pizza mike a disillusioned boys it's of the country's president you prison rules he told me sto
for this national debt in the last decade has skyrocketed most humiliating of all for greece portugal italy and spain the future only gets worse is how spain's buying slowed to one trillion on the tykes failed private lenders gambled and built three million houses people called to forward one of them thank you no runs off as it was of the national economy claiming that too big to fail government is nationalize them turning a plain crap bank into a bankrupt nation. the worst kept secret on the...
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Dec 29, 2012
12/12
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just one example, italy. italy has a book called the markkorah law. in italy if you're unemployed the government gives you a choice. you can get a weekly paycheck like we do here, unemployment compensation. choice number 2, the italian government will give you your entire two to three years of weekly unemployment checks up front as a lump sum on one condition, you must get at least ten other workers to make the same choice and that money must be used in italy. to begin and operate a collective enterprise of those unemployed workers. what is interesting, how to solve unemployment by creating a new kind of enterprise that would give the american people real freedom of choice. you want to work in a top-down hierarchical capitalist enterprise or try this other kind. would you like to buy the product of these kind of capitalist enterprises or would you like to buy the product of an enterprise where workers have a completely different life and relationship. these are new directions that come out of the crisis of capitalism and turn a bad thing into a good t
just one example, italy. italy has a book called the markkorah law. in italy if you're unemployed the government gives you a choice. you can get a weekly paycheck like we do here, unemployment compensation. choice number 2, the italian government will give you your entire two to three years of weekly unemployment checks up front as a lump sum on one condition, you must get at least ten other workers to make the same choice and that money must be used in italy. to begin and operate a collective...
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Dec 13, 2012
12/12
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CNBC
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italy has a dead auction coming up later in the show. as for spain and germany, they are seeing yields drip lower this morning, as well. back across the board, the guilt down 1.82%. the euro/dollar was barely weaker the last time we checked and now it's drifting a little further. 1.3064. it's still above that level. and the dollar/yen now receding to almost flat if not a little lower on the morning. now european leaders are expected to agree on the next tranche of aid for greece when they meet today. sylvia is in brussels to follow aus of these negotiations for us. sylvia, a torturous route for greece. are they finally going to get this money? if so, what does that change. >> well, it at least gives them a bit of breathing space. it doesn't change anything in terms of the overall dismal situation of the country. there was a letter of the german finance minister yesterday, written so it is by one of the deputies to the german bundes stock where he basically said, we are ready to sign up the next package for greece. this has not been confi
italy has a dead auction coming up later in the show. as for spain and germany, they are seeing yields drip lower this morning, as well. back across the board, the guilt down 1.82%. the euro/dollar was barely weaker the last time we checked and now it's drifting a little further. 1.3064. it's still above that level. and the dollar/yen now receding to almost flat if not a little lower on the morning. now european leaders are expected to agree on the next tranche of aid for greece when they meet...
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he helps to leave the country out of the financial crisis seventy six year old has already served as italy's prime minister for three separate terms is currently caught up in a number of scandals including tax fraud convictions which he is appealing add to accusations of paying for sex with an underage prostitute something he denies. nearly two hundred countries have agreed to extend the kyoto protocol a treaty that limits the greenhouse gas output of some nations and hopes of curbing global warming legally binding plan was approved by un delegates during the climate talks in doha the summit established for the first time the rich nations should move towards reimbursing poorer nations for losses due to climate change. well and president which of us as announced he is suffering from cancer once again the leader says tests showed a return of some malignant cells in the same area where tumors had been previously removed he will return to cuba were already received cancer treatments to undergo surgery in the coming days the news comes two months after chavis was reelected as president in a tight
he helps to leave the country out of the financial crisis seventy six year old has already served as italy's prime minister for three separate terms is currently caught up in a number of scandals including tax fraud convictions which he is appealing add to accusations of paying for sex with an underage prostitute something he denies. nearly two hundred countries have agreed to extend the kyoto protocol a treaty that limits the greenhouse gas output of some nations and hopes of curbing global...
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Dec 19, 2012
12/12
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and italy and spain seeing yields coming down. italy below 4.4%. you know, when it comes to the urgency with regard to italy or, say, spain asking for help, you can understand why policymakers are reluctant and probably will be until their hand is forced. spain below 5.4%. the euro dollar is stronger as is sterling. euro/dollar adding .3%. nearly 133. remarkable if you consider all that we've been through. perhaps a headwind again for the periphery that would prefer to see a lower exchange rate. meantime, also the dollar/yen one to focus on, adding about -- just about .2%, just under.2% today, 84.35 the level there. for more on what the weaker yen has been doing to support trade in the nikkei and across asia, let's get to deirdre wang morris, joining us from singapore. hi. >> reporter: hey, kelly. that weaker yen has been doing a lot to continue to fuel the rally that we are seeing in japanese equities. now another thing that it's doing is heaping pressure on the governor there. they began their two-day policy meeting today. and expectations are ve
and italy and spain seeing yields coming down. italy below 4.4%. you know, when it comes to the urgency with regard to italy or, say, spain asking for help, you can understand why policymakers are reluctant and probably will be until their hand is forced. spain below 5.4%. the euro dollar is stronger as is sterling. euro/dollar adding .3%. nearly 133. remarkable if you consider all that we've been through. perhaps a headwind again for the periphery that would prefer to see a lower exchange...
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well it's also on the unstable situation in the european markets italy's technocrat leader says his time in office will soon be up later we look at what's in store for the ailing eurozone remember seemingly no way out of the crisis. but egypt so opposition wants to up the protests pressure nationwide rejecting a referendum on the new constitution they claim the vote you in less than a week fails to represent the entire nation and will lead to more division of journalists in cairo says present mercy has tried to make some concessions but it doesn't ease the tension. this morning president mohamed morsi. on the decision to increase tax burdens on the country is a sales tax on consumer goods and services this is seen to be quite popular for him in the face of much to sense the increased tax burdens were supposed to be part of i.m.f. loan international monetary fund lone wolf point eight billion dollars loan the country's been trying to secure recently definitely these reducing these tax burdens will perhaps make him more popular among the streets but yesterday of course the national salvati
well it's also on the unstable situation in the european markets italy's technocrat leader says his time in office will soon be up later we look at what's in store for the ailing eurozone remember seemingly no way out of the crisis. but egypt so opposition wants to up the protests pressure nationwide rejecting a referendum on the new constitution they claim the vote you in less than a week fails to represent the entire nation and will lead to more division of journalists in cairo says present...
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Dec 27, 2012
12/12
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does it matter for italy? we haven't seen yields move much. >> i think the main reason, they're quite different to spain and italy. and markets ignored them. we're all fairly aware of that financing model. i think at some point next year it will probably break down. >>> president mohammed morsi has congratulated egyptians for a new constitution. in a tv address to the nation, mr. morsi said changes maybe necessary. the document is too islamist and has rejected the call for dialogue according to some. >>> a super winter storm that pounded the southeast and midwest is now pounding the northeast. the storm has created havoc on roads and at the airports and this as people start returning home after christmas. more than 1800 u.s. flights have been canceled since tuesday. makes the fact that a lot of usair line stocks were at 1 1/2 year highs yesterday. >>> a u.s. federal jury has found martel in patent violations. carnegie mellon sued marvell in 2009. the company is now hopeful the judge will reverse the verdict, b
does it matter for italy? we haven't seen yields move much. >> i think the main reason, they're quite different to spain and italy. and markets ignored them. we're all fairly aware of that financing model. i think at some point next year it will probably break down. >>> president mohammed morsi has congratulated egyptians for a new constitution. in a tv address to the nation, mr. morsi said changes maybe necessary. the document is too islamist and has rejected the call for...